$BTC

MACRO and MICRO ranging.

Now approaching again the key level of 61.5k$ -62k$, further reinforced by alignment with the 0.5 fibonacci retracement level.

As always to possible outcomes:

#BULLISH SCENARIO 🟢

_Retest of the resistance area around $63k

_Breakout above resistance

_Retest, targeting the upper side of the range, with an initial target of $68k, followed by $72k if momentum is strong

#BEARISH SCENARIO 🔴

_Rejection at the 0.5 Fibonacci level

_Test and subsequent breakdown of the current range

_Downside targets of $51k to $47k

My Take?

Patience ⏳️

No FOMO.

No rush.

I am currently researching promising lower cap altcoin projects 👀

I’ll share my updated portfolio allocation for #altcoins soon.

What 's your plan on #bitcoin and #altcoins ?

#trading #web3